Disclosure certainty 4/5 debate potential 1/5

Berberian: Sphero expanded direct-to-consumer sales from 10% to 25%

Paul Berberian · 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero · Aug 19, 2016 · at 10:40

Paul Berberian, CEO of Sphero, shares the breakdown of Sphero's sales distribution channels between traditional retail and online direct sales.

0:00 / 0:22exact quote · 22.4s
720p mp4 · rendered on demand · StarZero watermark
“We started off maybe having 10%, you know, direct to consumer and that's, I'd consider sites like Amazon, More direct to consumer than a, you know, brick and mortar traditional retail. That's now shift to closer to 25% in the last couple of years, and last year was quite significant. We moved quite a bit through online channels. We move about 10% through our website directly.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Paul Berberian

Insight
Berberian: Direct-to-consumer hardware sales are primarily a US and UK phenomenon
“I mean, we're bullish on that because it's obviously better margin for us, but it's a U.S. Phenomenon primarily, and maybe a little bit in the U.K. In other markets, it's still very much brick and mortar, and so you have to take an omni-channel approach.”
Paul Berberian Aug 19, 2016 ▶ 11:03 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero
Insight
Berberian: Arguing during board meetings signals CEO pre-meeting communication failure
“If you are arguing with your board in the middle of the board meeting, you need a mental, you know, some little light needs to go off saying you're doing something wrong.”
Paul Berberian Aug 19, 2016 ▶ 12:14 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero
Opinion
Berberian: 70% of VCs hedge in 'maybe' category without answering
“Seven out of 10 of them won't give you a response. They'll always go into the maybe category and hedge their bets.”
Paul Berberian Aug 19, 2016 ▶ 17:58 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero
Opinion
Berberian: Most venture capitalists lack a real hardware thesis and are dabbling
“They're not really strong thesis around, you know, hardware being transformed. And it's, you know, it's now this software enabled experience and the economics of manufacturing are significantly different than they were 20 years ago. There's very few VCs that a…”
Paul Berberian Aug 19, 2016 ▶ 19:18 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero
Insight
Berberian: Constantly adding features drives execution teams crazy before shipping
“As I look at my leadership style, that intense focus on trying to add more and more stuff to the product can drive your team crazy, because they're just trying to get the basic Thing out the door.”
Paul Berberian Aug 19, 2016 ▶ 6:04 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero
Insight
Berberian: Retail hardware deadlines force product focus better than software timelines
“When you launch software, you can kind of fudge your release date, because you're always updating it. When you sell into retail, they say, okay, we're going to launch you on You know, October, so you have to back everything up from that date, and having extern…”
Paul Berberian Aug 19, 2016 ▶ 9:38 20VC: How Entrepreneurs Should Manage Their Board & Why Time Constraints Are Always The Key To Progress with Paul Berberian @ Sphero
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.